Pre-earnings options volume in Copart is 1.5x normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 1.7%, or 77c, after results are released. Median move over the past eight quarters is 1.8%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CPRT: